Short Interest in Eaton Vance Short Duration Income ETF (NASDAQ:EVSD) Rises By 336.7%

Eaton Vance Short Duration Income ETF (NASDAQ:EVSD) saw a significant increase in short interest during the month of April. As of April 30th, there was short interest totaling 71,577 shares, an increase of 336.7% from the April 15th total of 16,390 shares. Based on an average daily volume of 138,008 shares, the short-interest ratio is presently 0.5 days. Approximately 0.3% of the shares of the company are short sold.

Hedge Funds Weigh In On Eaton Vance Short Duration Income ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Studio Investment Management LLC acquired a new stake in shares of Eaton Vance Short Duration Income ETF in the fourth quarter worth $208,000. Nemes Rush Group LLC grew its stake in shares of Eaton Vance Short Duration Income ETF by 3.6% in the fourth quarter. Nemes Rush Group LLC now owns 196,156 shares of the company’s stock worth $10,091,000 after acquiring an additional 6,833 shares during the last quarter. Janney Montgomery Scott LLC grew its stake in shares of Eaton Vance Short Duration Income ETF by 3.9% in the first quarter. Janney Montgomery Scott LLC now owns 202,908 shares of the company’s stock worth $10,336,000 after acquiring an additional 7,623 shares during the last quarter. First American Bank acquired a new stake in shares of Eaton Vance Short Duration Income ETF in the first quarter worth $571,000. Finally, Eldridge Investment Advisors Inc. grew its stake in shares of Eaton Vance Short Duration Income ETF by 145.7% in the fourth quarter. Eldridge Investment Advisors Inc. now owns 55,895 shares of the company’s stock worth $2,875,000 after acquiring an additional 33,145 shares during the last quarter.

Eaton Vance Short Duration Income ETF Trading Down 0.1%

Shares of EVSD stock opened at $50.99 on Wednesday. Eaton Vance Short Duration Income ETF has a 12 month low of $50.66 and a 12 month high of $51.72. The business’s 50 day moving average is $51.14 and its two-hundred day moving average is $51.38.

Eaton Vance Short Duration Income ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, May 6th. Shareholders of record on Thursday, April 30th were issued a dividend of $0.1889 per share. This represents a c) annualized dividend and a yield of 4.4%. This is a boost from Eaton Vance Short Duration Income ETF’s previous monthly dividend of $0.18. The ex-dividend date was Thursday, April 30th.

Eaton Vance Short Duration Income ETF Company Profile

The Eaton Vance Short Duration Income ETF (EVSD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed portfolio of diversified USD-denominated fixed income securities with few restrictions on type and credit quality. The ETF aims to have an average duration of three years or less, while seeking above average returns over a market cycle of three to five years EVSD was launched on Mar 31, 1992 and is issued by Eaton Vance.